In partnership with Dermalogica and strategic partners, today Kiva.org is launching joinFITE.org to provide microloans to women entrepreneurs in low-income regions of the United States and 56 other countries. A novel aspect of the campaign is its engagement of retail consumers as microlenders. Dermalogica, for example, will contribute $1 every time a consumer goes to … [Read more…]
Here is some required reading on recent events in Bangladesh and India in the microcredit industry.News article first, then opinion piece by Kristof. Microlenders, Honored With Nobel, Are Struggling Is Bangladesh Trying to Take Over Grameen Bank?